Foreclosure Law Miami
According to the Miami Herald, Florida suffered more foreclosures in the last year than any other state in the country. Although we may be seeing a rebound in some housing markets, Florida’s courts still receive increasing amounts of foreclosure cases with each passing month. In Florida, foreclosures occur in front of a judge without the presence of a jury. Homeowners facing foreclosure struggle to wrap their heads around the laws and deadlines and pay off their debt at the same time. However, acquiring legal help in the form of a foreclosure defense attorney can greatly increase a homeowner’s chance of staying in their home.
Foreclosure Law in Miami contains complex legal codes that can only be understood after careful study and analysis. Florida is what is called judicial state, which means the homeowner must go to court to fight in order to challenge the foreclosure process. In Florida a lender is required by state law to notify the homeowner of the initiation of foreclosure, and the borrower only has 20 days to respond. Laws like this already give banks and other financial institutions advantages against regular people trying to survive in a struggling economy. Legal professionals will provide families with the knowledge necessary to meet these arbitrary deadlines and maintain the right to live in their home.
There are specific firms that deal with foreclosure laws in Miami. Legal Help Group is one such law firm. One of their strategies is to challenge the validity of the debt claim and make the lender prove that they have legal standing for foreclosure. Attorneys can negotiate and help a family earn the right to stay in their homes through the foreclosure process until the judge has reached a decision. This is an extremely important benefit in the state of Florida because of the potentially long period of time it can take to foreclosure. Since foreclosures are handled by the Florida courts, they can often take months to be heard and resolved.
The complex foreclosure laws in Miami can frequently change. Just recently Governor Rick Scott signed a bill intended to streamline backed up foreclosures in the state. New laws require lenders to prove they own the loan to the property and place limitations on deficiency claims. Lawyers who specialize in foreclosure are aware of these new laws and how they affect the foreclosure process. Having an attorney to fight your case will help you take advantage of any available benefits.
A home is often a family’s largest asset. In order for Miami homeowners to protect what they have and avoid unfair settlements, it is necessary to take advantage of the resources that the legal community has to offer. Banks and financial institutions always have lawyers working on their behalf. Hiring your own attorney is the only way to make the foreclosure process a fair fight.
You can fight the foreclosure laws in Miami! The Florida foreclosure attorneys at the Legal Help Group Law Firm are experienced on the subject. For information on foreclosures, the process, your options and how to save your home, please call a Legal Help Group foreclosure professional at (877) 304-9404, respond to our live chat on this page, or fill out the short form on this page and a member of the Legal Help Group Law Firm foreclosure team will reach out to you.